business investment

Consumer spending continues to be a main driver of economic growth, although consumers were a little more cautious in the final months of 2019.

Economy
Politics & Government

U.S. Economic Growth Slowed In 2019 To 2.3%

10:58am January 30, 2020

by Scott Horsley

The Commerce Department says the U.S. economy grew 2.3% last year. That's slower than the previous year and well below the Trump administration's forecast.

The U.S. economy grew more slowly at the end of 2018 than initially thought. The revised numbers suggest somewhat lower spending by consumers.

Economy

Say It One More Time: The Economy Is Slowing

2:02pm March 28, 2019

by Scott Horsley

The U.S. economy grew more slowly at the end of 2018 than initially thought. "GDP growth is slowing from unsustainable rates," one economist says. The slowdown is expected to continue this year.